Creditor notices Clause Samples
The 'Creditor notices' clause defines the requirements and procedures for how a creditor must provide formal notifications to other parties under an agreement. Typically, this clause specifies acceptable methods of delivery, such as email or registered mail, and may outline the addresses to be used and the timeframe within which notices are considered effective. Its core practical function is to ensure that all parties receive timely and verifiable communications, thereby reducing the risk of misunderstandings or disputes regarding important contractual matters.
Creditor notices. The Borrower will send to the Facility Agent, at the same time as they are despatched, copies of all communications which are despatched to all of its creditors or to the whole or any class of them.
Creditor notices. The Borrower will send the Lender, at the same time as they are despatched, copies of all communications which are despatched to all the Borrower's creditors or any class of them.
Creditor notices. The Borrower will send the Agent:
(a) whilst an Event of Default is in existence, at the same time as they are dispatched; and
(b) at all other times, upon the Agent’s request, copies of all communications which are despatched to the Borrower’s shareholders or creditors or any class of them.
Creditor notices. The Guarantor will send the Security Trustee, at the same time as they are despatched, copies of all material communications which are despatched to the Guarantor's creditors or any class of them.
Creditor notices. The Guarantor will send the Lender, at the same time as they are despatched, copies of all communications which are despatched to the Guarantor's creditors or any class of them.
Creditor notices. Each Obligor will send the Agent, at the same time as they are despatched, copies of all material communications which are despatched to all of that Obligor’s shareholders or creditors or to the whole of any class of them.
Creditor notices. The Borrower will send the Agent, at the same time as they are despatched, copies of all material communications which are despatched to all of the Borrower’s shareholders or creditors or to the whole of any class of them Provided that providing copies of such communications to the Agent shall be subject to the Borrower complying with any confidentiality requirements and not being in breach of any regulations or laws by providing such communications to the Agent.